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Semiconductor stocks swing: What's next?
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$Taiwan Semiconductor (TSM.US)$ Q2 FY24: • Revenue +40% Y/Y...

• Revenue +40% Y/Y $20.8B ($0.7B beat).
• Gross margin 53% (-1pp Y/Y).
• Operating margin 43% (+1pp Y/Y).
• Capex $6.3B.
• EPADR $1.48 ($0.06 beat).

3nm & 5nm were 15% & 35% of revenue.
$Taiwan Semiconductor (TSM.US)$ Q2 FY24:  • Revenue +40% Y/Y $20.8B ($0.7B beat). • Gross margin 53% (-1pp Y/Y). • Operating margin 43% (+1pp Y/Y). • Capex $6.3...
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